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Panmure Gordon to Purchase ThinkEquity

Authored by Scott Goldberg on February 20, 2007 - 9:59am.
Panmure Gordon logo London – Panmure Gordon & Co., a UK investment bank, has agreed to purchase ThinkEquity, a US investment bank, for $62.3 million.  ThinkEquity has focused on high-growth sectors including telecommunications, media, and technology.  Panmure will fund the deal with 8.9 million shares of its stock, and about $32 million in cash.
tags: Investing | Acquisitions | Technology | Panmure Gordon | ThinkEquity |